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The ships were fitted with Conch independent aluminum cargo tanks and entered the Algerian LNG trade in 1964. These ships had a capacity of 27,000 cubic metres (950,000 cu ft). In the late 1960s, opportunity arose to export LNG from Alaska to Japan , and in 1969 that trade with TEPCO and Tokyo Gas was initiated.
A liquefied natural gas terminal is a facility for managing the import and/or export of liquefied natural gas (LNG). It comprises equipment for loading and unloading of LNG cargo to/from ocean-going tankers, for transfer across the site, liquefaction, re-gasification, processing, storage, pumping, compression, and metering of LNG. [1]
LNG port terminals are purpose-built port terminals designed to accommodate large LNG carrier ships designed to load, carry and unload LNG. These LNG terminals are located adjacent to a gas liquefaction and storage plant (export), or to a gas regasification and storage plant (import), which are themselves connected to gas pipelines connected to ...
Europe has already imported about 192 million cubic meters of LNG so far in 2022 — 25% more the 154 million cubic meters it imported in 2021.
The canal is a key trade link between Europe and Asia, channeling nearly 12% of global cargo. The current crisis is forcing shipping companies to use longer routes, disrupting their schedules and ...
Freight rates for ships carrying liquefied natural gas have hit an all-time high of $397,500 a day as Europe snaps up alternatives to cut-off Russian flows. Freight rates for ships carrying ...
With an LNG storage capacity of 263,000 m 3 (9,300,000 cu ft), she is the world's largest floating storage and regasification unit (FSRU). [2] [4] [5] The regasification capacity is 800 million standard cubic feet per day. [3] She features LNG re-shipment and gas transfer capabilities.
Höegh LNG is active in the liquefied natural gas industry including LNG carriers. [1] As of January 2015, it is 44.6% owned by Leif Höegh. The largest investors are Allianz, Fairview Capital and Nordea. The Baupost Group announced that it controlled 5.26% of shares for its clients. [2]